We Buy Houses In Charlottesville Virginia. We also pay cash for houses in VA no matter the condition it’s in. If you’re facing the possibility of foreclosure in the future, perhaps you are wondering can you get your house in Charlottesville back after foreclosure. After all, you need a place to live in!
Unfortunately, after the court rules in the favor of your lender and agrees with the lender to proceed with foreclosure, it is very hard for you to get your house back. Don’t panic! Evolve House Buyers can help you. We’re professional homebuyers in VA so we know the foreclosure process very well including the nightmares that go with it (we can even help you avoid foreclosure). We discussed below how you can get your Charlottesville property back after foreclosure. So keep reading!
Instead Of Wondering Can You Get Your House In Charlottesville Back After Foreclosure, Here’s Another Option…
The good news is, if you’re not in foreclosure yet, you have options.
The first and best option is to pay off your mortgage or work out a payment plan with your lender. They’ll prefer to keep you in your house and instead just collect the money owed to them.
If that’s not an option for you at this time then you may decide to do what a lot of homeowners facing foreclosure are choosing to do: Sell your home before the home is foreclosed upon and pay the lender what is owed to them.
While not an ideal option (because you’ll have to give up your house), it’s still a preferable option to foreclosure because you’ll have cleared up your debt to the bank and you won’t have the long-term impact on your credit score that a foreclosure would have.
This option is proactive and long-term, which is why homeowners facing foreclosure love it: it’s proactive because you’re taking control of your financial situation; it’s long-term because you’re accepting the short-term discomfort of selling your home in exchange for the long-term benefit of a better credit rating.
Sell My House In Charlottesville VA
Here’s a secret to selling your Charlottesville area home fast so the bank can’t take it. You could work at trying to find local Virginia home buyers to take your home. However, a faster and easier option is to sell your house in VA as-is for cash, fast. Instead of spending all of your time and energy trying to locate a buyer, there are many companies that can do this for you. Companies like Evolve House Buyers will purchase the property from you at a reduced price, and very quickly.